Strong Second Quarter Performance
The second quarter performance outpaced expectations across the top and bottom line, with all three regions contributing to growth, including double-digit increases in retail comps and global wholesale sales.
Growth in Core and High-Potential Categories
Core product sales grew mid-teens, with high-potential categories like women's apparel, outerwear, and handbags increasing strong double digits, outpacing total company growth.
Significant Growth in China
Sales in China grew more than 30% in the quarter, driven by strong consumer response to brand-building activities.
Increase in Digital and Retail Comps
Global comps increased 13% with double-digit growth in both digital sites and physical stores.
Raising Full-Year Guidance
Due to the strong performance, the company raised its full-year outlook, expecting constant currency revenues to increase by approximately 5% to 7%.